2018: the hunt for oil

2018 was the best year for global oil and gas exploration since 2015, according to Rystad Energy. Discovered resources surpassed 8.8 billion barrels of oil equivalent (boe), with the number expected to grow to 9.4 billion boe by year’s end. An upwards trajectory The 2014 oil price drop – driven by a recession and rapidly…

Flaring in 2018: A year in review

Routine flaring – when excess natural gas is burned for reasons other than safety – wastes a valuable energy resource that could be used to support economic growth and progress. Across the globe countries are working on reducing routine flaring, helping make better use of the natural gas produced during the drilling of oil wells.…

Flaring in Permian Basin doubles

Flaring in West Texas’ Permian Basin averaged a record of 407 million cubic feet per day in the third quarter of this year. In mid-2017, operators in the Basin were flaring 200 million cubic feet per day – less than half of today’s average. The Permian Basin represents the US’ largest petroleum-producing basin. Operators have…

US set to become world’s biggest LNG exporter

Global demand for natural gas is expected to make the hydrocarbon the world’s main source of fuel in the next decade. As a result, countries are looking to capitalise on the increasingly gas-focussed energy industry, building new facilities and applying innovative technologies to manage the growth. One innovation is Liquefied Natural Gas (LNG) – an…

Assisting flaring: steam vs air

During the production of oil and natural gas, excess gas is often flared for safety reasons. An efficiently burning flare does not produce visible smoke. However when incomplete combustion occurs black smoke can be produced – caused by wind, water, impurities in the fuel or poor mixing with air. The effects of black smoke During…

Flaring types: elevated vs ground

The flame at the top of an oil rig is an iconic image for the oil and gas industry. During the production of oil and natural gas, excess gas is burned for safety reasons in these elevated flare stacks. However, ground flares offer a less intrusive alternative. Staying grounded There are two types of ground…

The Petrochemicals industry: breaking down BTX

While primarily used as energy sources, fossil fuels are often distilled and refined into different substances. These chemicals are then used in the production of everything from plastics to detergents. Benzene, Toluene and Xylene (BTX) make up a mixture commonly used in the petrochemicals industry. BTX is essential for extracting and creating in demand products…

Chemical processing: the role of ethylene glycol

Oil rigs and underwater pipelines must be able to operate in extremely low temperatures, but equipment working in a large body of water must also contend with salt causing corrosion. Damage potential In an inherently hazardous environment, risk mitigation is the difference between a successful oil rig and a large-scale industrial disaster. Offshore oil and…